A local peak in price — a high with lower highs on both sides.
A Swing High is a candle whose high is higher than the highs of a defined number of candles on either side (typically 2–5). Swing highs mark the points where buyers exhausted and sellers took over. They're the connection points for trendlines, the levels for structure breaks, and — critically for LA Traders — the pools where buy-side liquidity sits.
Swing highs aren't just 'highs' — they're the structural reference points the market respects. Mark them before the session, and you'll see price react to them all morning.
The 6:47 AM candle prints a high of 5,847 with lower highs on the three candles either side. That's the swing high. Price returns to it 40 minutes later and rejects. Structure held.
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